Perhaps I am naive but I am seriously disgusted by this new guy. Not only does he steal his invention, he has the audacity to call him his "competitor"!
Welcome to the business world.
That's business.
Wow!!He can quit his job as a rabbi and wear these suits all the time
Update on last nights show -
awesome
Also, glad to see he didnt shake the womans hand
I invented once a software, and was told by a big big guy.No use patenting it, if you cannot afford to protect it.If a big guy wants it, especially with software being hard to implement rights on, I will be run over.
He licensed to a big company that signed a guarantee of $2MM in sales per year. It's their problem now
Yup!! Thats a great deal. guaranteed sales!! This guys chabad house is on easy street....
How many years is that deal for though?
Dunno but thats probably one of the downsides of a licensing deal. As soon as sales are declining, they may decide to drop the product. Whereas if he was running a company selling this product, he could try alternative ways to boost sales